Economics Research

Running Head : Economic Benefits of Innovation and TechnologyNameUniversityCourseTutorDateThe history of maculation has been characterized by many mutations which just but to mention require agricultural , industrial and of late tuition technology conversion . All these revolutions targeted to improve the efficiency of delivery of services to the masses and the economy at large . While all these revolutions ca-ca been yielding benefits that are visible to every one , the benefits of schooling technology have superseded those of the other revolutions by a wide magnitude . Across the world , everyone is reaping the benefits in one focus or the other . In this decade therefore , digital technology is the driving engine for the global economy in all sectors .

Experts and researchers argue that it has been the key in unlocking the decline in productiveness that was evident from mid(prenominal)dle seventies up to mid 1990s Information technology has proved beyond valid doubts that its benefits are real in the following ways (Antonelli , 2002 ,.16To chance upon with , information technology has been crucial in increasing the productiveness growth . Since the introduction of information technology in seventies , the average output per person has change magnitude many propagation than that of the past . Due to this , employment opportunities have become to a greater extent available thus higher task income generation for some(pre nominal) individuals and the government . Th! e trickle down effects of this increased revenue are world felt in rectify information , health and other essential services that are being provided . It is estimated that labor productivity has been increasing...If you want to get a amply essay, order it on our website: BestEssayCheap.com

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